Internal Audit Officer

La Trobe Financial; City of Melbourne; On-site; AUD 120,000 - 170,000; Full time

Benefits offered by this job

Birthday day off

Volunteer days

Extra annual leave

Parental leave benefits

Zoo membership

EAP access

Training & development

Team socials

Employee discounts

Job summary

La Trobe Financial invites a skilled internal audit professional to join its Risk & Governance Division in Melbourne. You will assess internal controls, test processes, and provide independent assurance to the Board Audit and Risk Committee and executive management.

You will lead audit engagements, identify control gaps, and collaborate with Risk, Compliance and business stakeholders to strengthen risk management and governance across lending and asset management activities.

Qualifications

• 3–5 years Internal Audit or Risk Assurance experience within Banking/Financial Services.
• Ability to identify key risks, assess controls and determine whether risks are being effectively managed.
• Understanding of Australian financial services regulations (e.g. ASIC, AML/CTF, Privacy, DDO) and their impact on business processes.
• Experience conducting end-to-end internal audits, including planning, testing, issue identification, reporting and follow-up.
• Ability to analyse data, investigate issues, identify root causes and develop practical recommendations.
• Ability to produce clear, concise audit reports and communicate findings effectively to management and stakeholders.
• Demonstrates independence, objectivity, ethical conduct and professional scepticism.
• Builds effective relationships, establishes credibility and works collaboratively with business stakeholders.
• Takes responsibility for audit assignments, meets deadlines and delivers quality outcomes.
• Responds positively to changing business and regulatory environments and actively develops knowledge and skills.

Responsibilities

• Support the development and execution of the risk-based Internal Audit Plan through the identification and assessment of key business, operational, regulatory and compliance risks.
• Perform independent and objective assurance reviews of key business processes, controls and governance frameworks within the lending and asset management environment.
• Lead assigned audit engagements from planning through to completion, including scoping, risk assessment, fieldwork, stakeholder meetings, issue validation, report drafting and presentation of findings to management.
• Conduct walkthroughs, control testing and data analysis to evaluate the design and operating effectiveness of internal controls, identifying control gaps and opportunities for process improvement.
• Monitor and validate the implementation of agreed management actions arising from audit findings.
• Collaborate with Risk, Compliance and business stakeholders to understand emerging risks and incorporate these into audit activities.
• Assist in the preparation of clear and concise periodic reporting to the relevant management and board committees.
• Carry out ad hoc inspections, investigations, reviews or validations as requested by the management and report on findings.
• Contribute to continuous improvement initiatives within the Internal Audit function, including quality assurance, data analytics and the use of AI.

Skills

Internal audit

Risk assessment

Data analysis

Regulatory knowledge

Stakeholder comms

Job description

La Trobe Financial is Australia's leading alternative asset manager, helping Australians build better futures for over 70 years. With $25 billion in assets under management and the trust of 160,000 customers, we've grown through a commitment to service, innovation, and putting people first.

We don't just deliver retirement income - we shape lives, careers, and communities. Our culture is built on trust, excellence, accountability, and a shared purpose: to make a meaningful difference every day.

Build your future with us.

The Opportunity

As part of the Risk & Governance Division within La Trobe Financial, your primary function will be to assist in providing risk-based, independent, objective assurance and advisory services to the Board Audit and Risk Committee, the Audit and Risk Committee and Executive Management.

This includes assessing the design and operating effectiveness of the internal control environment in addressing risks of strategic importance to the organisation. You will be required to provide a systematic and disciplined approach to evaluating and improving the effectiveness of risk management, control and governance processes.

Key Responsibilities

• Support the development and execution of the risk-based Internal Audit Plan through the identification and assessment of key business, operational, regulatory and compliance risks.
• Perform independent and objective assurance reviews of key business processes, controls and governance frameworks within the lending and asset management environment.
• Lead assigned audit engagements from planning through to completion, including scoping, risk assessment, fieldwork, stakeholder meetings, issue validation, report drafting and presentation of findings to management.
• Conduct walkthroughs, control testing and data analysis to evaluate the design and operating effectiveness of internal controls, identifying control gaps and opportunities for process improvement.
• Monitor and validate the implementation of agreed management actions arising from audit findings.
• Collaborate with Risk, Compliance and business stakeholders to understand emerging risks and incorporate these into audit activities.
• Assist in the preparation of clear and concise periodic reporting to the relevant management and board committees.
• Carry out ad hoc inspections, investigations, reviews or validations as requested by the management and report on findings.
• Contribute to continuous improvement initiatives within the Internal Audit function, including quality assurance, data analytics and the use of AI.

About You

• 3-5 years Internal Audit or Risk Assurance experience within the Banking/Financial Services Industry.
• Ability to identify key risks, assess controls and determine whether risks are being effectively managed.
• Understanding of Australian financial services regulations (e.g. ASIC, AML/CTF, Privacy, DDO) and their impact on business processes.
• Experience conducting end-to-end internal audits, including planning, testing, issue identification, reporting and follow-up.
• Ability to analyse data, investigate issues, identify root causes and develop practical recommendations.
• Ability to produce clear, concise audit reports and communicate findings effectively to management and stakeholders.
• Demonstrates independence, objectivity, ethical conduct and professional scepticism.
• Builds effective relationships, establishes credibility and works collaboratively with business stakeholders.
• Challenges assumptions, asks insightful questions and evaluates information objectively.
• Takes responsibility for audit assignments, meets deadlines and delivers quality outcomes.
• Responds positively to changing business and regulatory environments and actively develops knowledge and skills.

Employee Benefits

We're all about balance - delivering great work and enjoying the journey. Alongside a competitive salary, here are some perks that make working with us even better:

• Celebrate your birthday - with a paid day off, just for you!
• Give back - with paid volunteer days to support causes you care about;
• More time for you - purchase additional annual leave when you need it;
• Support for families - 18 weeks paid primary carer parental leave plus superannuation contributions;
• Wild perks - free annual membership to Taronga Zoo and Collingwood Football Club!
• Wellbeing first - access to our Employee Assistance Program (EAP);
• Keep growing - with ongoing training and development opportunities;
• Unforgettable socials - from team events to celebrations you'll actually want to attend! and
• Retail therapy - enjoy discounts through Reward Gateway.

Diversity & Inclusion

We're committed to creating a workplace where everyone feels respected, valued, and safe. We welcome applications from people of all backgrounds and proudly support an inclusive recruitment process and work environment. If you require adjustments at any stage of the process, please let us know, we're here to help.

Please note that only shortlisted candidates will be contacted.